Apollo Hospitals slows down new bed addition, to add 765 beds in 5 years

This addition of new beds would add to the already existing 10,000 beds it has across 70 hospitals

Apollo Hospitals Enterprise Ltd (AHEL) is expected to add 765 beds through brownfield and green field in next five years across three hospitals, with an investment of Rs 6.2 billion. This step will help expand its overall network to 73 hospitals. The hospital chain, which added over thousand bed a year in the past, has last year announced that it would bring down the speed of building up infrastructure and look at consolidation and profitability.

The new beds that are to be added come as part of its expansion plan which has been executed in the last few years. This